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Salomon has been approved for a car loan from Royal Bank $22234 at 7.4% compounded monthly. What end-of-month payments are required to pay off the

Salomon has been approved for a car loan from Royal Bank $22234 at 7.4% compounded monthly. What end-of-month payments are required to pay off the loan in 4 years?

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What is I/Y?

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What is P/Y?

What is PV?

What is PMT?

What is FV?

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